Quote from: lifeOK on Today at 03:01:29 PM

Quote from: holydarkness on October 14, 2020, 04:49:05 AM

Quote from: Twinkledoe on October 13, 2020, 11:45:05 PM

That's quite achievement for relatively new exchange. Congrats! I hope you will gain more traders as I'm seeing that in the near future I will use your exchange as the liquidity is quite good. But I am wondering if your NMX token is to be converted as DeFi token, will the target price still at $1? Or it may increase according to the demand? Is this going to be backed by real assets?

USD 1 for each NMX was not the base price, it was a discounted price. Their price increases on each sale stage, started from 0.4 last April, and planned to be 1.3 by January. This price plan will certainly change in reflect to the decision to go DeFi, but I think they'll set the target to be at least 1.3

It's quite a while I've heard MNX will become DeFi. As a Nominexians I'm truly glad to hear the news and after that hanging tight with NMX listing on exchange for trading. It will be soon but for now there is no exact date. I already joined and keep watching if their price increases after sale stage.

As how it is with every ICO project, a little dump after initial listing and bounty release is to be expected. Many people will want to cash out their bounty, and, for early ico participants, if initial price upon release is USD 1.3, that's more than 300% profit.

Dev, what strategy do you have that you'll implement to prevent these dump?